In today's fast-paced real estate industry, Rental Property Management Software is paramount for landlords, leasing companies, and property management firms.
Neglecting EoL and EoS milestones can leave your business vulnerable to cyber threats, unexpected outages, and disruptions. It's crucial to understand the implications.
EoL signifies the end of the sales cycle, while EoS means no further support. Legal obligations often require minimal support for a period post-EoL.
When your software reaches EoS, you can negotiate extended support, upgrade, or maintain it yourself. Each option has its considerations.
This software automates tenant screening, rent collection, maintenance requests, and analytics, enhancing property management processes.
Ignoring EoL and EoS can lead to security vulnerabilities, operational disruptions, compliance issues, and inefficiencies.
Strategic steps include tracking software status, exploring extended support, assessing risks, deciding to update or migrate, and collaborating with cybersecurity teams.
Explore our blog for more insights on managing rental property management software.
Neglecting software updates is like leaving your keys in an unlocked door – you're just inviting trouble!